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Bronx, Bronx, NY 10469
Property Type
Multi Family
Central AC
No
Year Built
1925
RE Tax
$6,850 (Monthly)
Listing courtesy of Eugene Branca of Century 21 Kafcos Realty.
Prime Bronx Investment Opportunity | High-Yield 8.24% Cap Rate! Incredible turn-key investment opportunity in the Bronx! This well-maintained, 5-family brick walk-up building features free-market rents, excellent collection history, and major mechanical upgrades already completed. Key Building Features: Upgrades: New roof, new garage roof, new windows, upgraded electrical service (meters & panels), upgraded gas service, new gas steam boiler, 2 new gas hot water heaters, and a security camera system. Property Layout: Includes five residential units 3BD, 2BD, 1BD, 1BD, Studio, plus 2 single-car garages generating additional income. Financial Snapshot: Asking Price: $1,685,000 Gross Annual Income (2026): $164,208 ($13,684/month) Annual Expenses (2025): $25,307 Net Operating Income (NOI): $138,901 Cap Rate: 8.24% Low-maintenance property with reliable rental history and strong cash flow from day one. Don’t miss out on this high-performing asset!
0.0601 Acres
0
Bronx
Bronx
Multi Family
$6,850 (Monthly)
1925
Brick
5
3
1925
Bronx
Bronx
Garage
$6,850 (Monthly)
Gas Oven, Refrigerator
Yes - Wall/Window Unit(s)
Ceramic Tile, Combination, Hardwood, Laminate
Yes - Natural Gas
0
Public
Total$15,106.27/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 1439 Wood Road, #4E #4EBronx | 1 BR / 1 BA | $220,000 |
| 91 Van Cortland Avenue W #2D #2DBronx | 1 BR / 1 BA | $2,210,001 |
| 91 Van Cortland Avenue W #6H #6HBronx | 1 BR / 1 BA | $220,000 |
| 525 W 235th Street #2A #2ABronx | 1 BR / 1 BA | $215,000 |
| 5420 Netherland Avenue #B42 #B42Bronx | 1 BR / 1 BA | $195,000 |
| 2630 Kingsbridge Terrace #5A #5ABronx | 1 BR / 1 BA | $169,500 |
Closed sales recorded by Brown Harris Stevens agents.
The Bronx, New York, is home to iconic landmarks like Yankee Stadium and the New York Botanical Garden.
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